What is in common to these careers trending in 2018?
UI Designer UX Designer Machine Learning/ AI Ethical Hacker
Big Data Analyst Social Media Manager Drone Operator App Developer
They did not exist in 2007
ICCC–2019
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GENERATION FLUX
How do we make career decisions in a time
of massive disruption!
ESPECIALLY IF WE ARE GOING TO
HAVE 7 CAREERS IN A LIFETIME!
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GEARING UP FOR THE FUTURE
#1 Know Your Strength #2 Evaluate Your Options #3 Seek Professional Help
#4 Exhaustive Research #5 Plan Strategically & Execute
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STARTLING FACTS (1/4)
Changing process of staffing Increasing Emphasis on Assessment Changing Skill Sets Demands
By 2017, LinkedIn had over 10 million
active job listings.
According to a report by World
Economic Forum, India is facing the
second highest skill shortage with 64%
organizations have difficulty finding
qualified employees.
Also, 25% employers believe being
culture fit is equally important than
skill set.
Roughly 18% of companies currently
use personality tests in the hiring
process
This number is growing at a rate of 10-
15% a year
Meta-analytic studies reviewing 50
years of research suggest that
personality traits such as curiosity,
extraversion, and emotional stability
are twice as important as Intelligence
Quotient (IQ) — the benchmark metric
for reasoning capability
It has been predicted that by the year
2022, nearly 37 percent of Indian
workforce would be in jobs demanding
radically different skill sets
91% of Indian employees felt
threatened that their skills will become
obsolete in coming 5 years
Clients are facing major difficulties in
matching up with the expectations of
the employers
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STARTLING FACTS (2/4)
Losing Jobs to Automation Upcoming New Occupations Workforce Agility ~ A Critical Skill
5 million jobs will be lost to
automation by 2020
By 2025, robots could jeopardize
between 40 million and 75 million jobs
worldwide.
Most jobs in the market today didn’t
exist 20 years ago
It’s expected that in around a decade’s
time, 60% of the jobs will be
completely new compared to today’s
workforce
An average person will change careers
5- 7 times during their working life
With newer technology constantly
replacing existing skills, it has become
imperative that individuals have a
flexible attitude at workplace
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STARTLING FACTS (3/4)
Job Hopping is More Common Changing Incentives Rising ~ Contractual Work
Bureau of Labor Statistics reported the
average employee tenure was 4.2
years, down from 4.6 years (2014)
Considering a career shift can involve
analysis of interests, transferable skills,
scope and developments in careers!
In the emerging economy, non-cash
compensation will play an increasingly
vital role
In big organizations like Apple Inc.,
workplace is designed to have a
collaborative office design to promote
interactions
It is expected that by 2020, 50% of
American workforce will be working on
free-lance basis
The virtue of stability at workplace is
no longer lauded
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STARTLING FACTS (4/4)
FUTURE IS BLOGGING FUTURE IS DATA ANALYTICS
BOOM IN DIGITAL & SOCIAL
MARKETING
EMERGENCE OF
ENTREPRENEURSHIP
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DISRUPTION THROUGH TECHNOLOGY
Relevance of
technology in
career
counselling
Upcoming
professions in
the light of
developing
technology
Influence of
technology on
children and
their
preferences
The rapidly
changing skill
requirement
Integrating
technology in
career
counselling
Ethical
limitations
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CHANGING WORLD OF CAREERS
Changes in the process of
hiring: Skill set & culture
fitness
Changing workforce
demographics: Inclusion of
women &Generation
Changing expectations:
Flexible jobs & focus on work
life balance
New challenges:
Technological unemployment
because of machine learning
& artificial intelligence
Recent developments:
Entrepreneurship,
Freelancing, Job Hopping
Advice for clients:
Be futurist
Shifting to
“career for me”
Approach
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KEY SKILLS IN DEMAND
PAVING WAY FOR ALTERNATE CAREER PATHS
Sensitive Emotive Communication
New Media Literacy
Continuous LearningNetworking Self-Motivation
High EI & Managerial Skills
Psychosocial Skills
Decision Making Creativity
Technological Skills
Cognitive Flexibility
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DRIVING CHANGE
Breaking Stereotypes Parental Aspirations Peer Pressure
Challenging the System Managing Stakeholders
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CAREER PLANNING FOR FUTURE
Career Planning And
Career Management
Role of A Counsellor In
Career Planning
Short Term V/S Long Term
Career Planning
Career Development
Planning
Tips to Adjust Better In
Present World